# Cirtec Medical: Medical devices, Brooklyn Park, United States

> Cirtec Medical: Cirtec Medical is a leading outsource partner specializing in the design, development, manufacturing, and assembly of complex Class II and...

Source: https://millionrounds.com/startup/cirtec-medical (Millionrounds; every figure on the page links to its filing or article)

United States · [Medical devices startup](https://millionrounds.com/companies)

# Cirtec Medical

Cirtec Medical is a leading outsource partner specializing in the design, development, manufacturing, and assembly of complex Class II and Class III medical devices.

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Funding reported Last round: Private equity

Medical devices Brooklyn Park, United States

Company summary

- **Founded:** 1987 39 years old
- **Team:** 1,000 201 to 1,000 people
- **Funding reported:** $136M in dollars
- **Last round:** Private equity Jul 2017

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cirtec Medical has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cirtec Medical

Cirtec Medical is a leading outsource partner specializing in the design, development, manufacturing, and assembly of complex Class II and Class III medical devices.

Founded in 1987 and headquartered in Brooklyn Park, Minnesota, the company focuses on active implantable devices and minimally invasive solutions. With over 300,000 square feet of ISO 13485-certified manufacturing space across the United States, Europe, and Costa Rica, Cirtec employs between 1,001 and 5,000 people. The company offers comprehensive services from initial concept through to commercialization. Its capabilities include program management, design and development, clinical and regulatory support, and precision manufacturing of devices such as catheter delivery systems and coronary stents. Cirtec serves original equipment manufacturers (OEMs) and startups, providing support throughout the development cycle to accelerate innovation and bring life-enhancing therapies to market efficiently. With a strong reputation in active implantable device development and precision component manufacturing, Cirtec Medical is a trusted partner for clients in the cardiovascular, neurostimulation, and orthopedic markets.

## What company datasets say Cirtec Medical raised

Funding, as reported

Reported in all **$136M** in dollars

Rounds **1**

Last round **Private equity**

Last round size **$136M**

Last round date **Jul 2017**

Investors listed **1**

## Founders and team

From Cirtec Medical's own website: 6 on the team.

- **Shar Matin** Chief Executive Officer
- **Michael Schnabel** Vice President of Quality Assurance and Regulatory Affairs
- **Ed Philbin** Chief Financial Officer
- **Brad Womble** Senior Director, Business Development & Strategy
- **Cirtec Medical** Board of Directors
- **Robert McCormack** General Counsel & Corporate Secretary

## On 2 portfolio pages

Investors who name them

- [Century Park Capital Partners](https://millionrounds.com/fund/century-park-capital-partners)
- [Charter Oak Equity](https://millionrounds.com/fund/charter-oak-equity)

Each firm lists Cirtec Medical on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

coil winding health care device miniaturization active implants product design fda registered hermetic sealing neurostimulation silicone elastomers custom components distribution manufacturing design and development time-to-market acceleration asics precision metals

Built with from their website

CS Cart Salesforce Marketing Cloud Account Engagement Resi DocuSign Git Amazon SES Google Tag Manager Check Point CloudGuard Harmony Connect Ensi Amazon CloudFront

+8 more

Caliper TSYS Softcat Plc Less ANS Sigma WordPress.org IQMS

- **Sector:** Medical devices
- **Industry code:** NAICS 339112, 334510, SIC 3845, 3841
- **Region:** Minnesota
- **Part of:** 3i Group plc
- **Revenue:** $58M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cirtec-medical)

## Medical devices in United States

Startups like it

- [**Precision Neuroscience** New York · founded 2021 *Raised*](https://millionrounds.com/company/precision-neuroscience)
- [**Synchron** New York · founded 2016 *Raised*](https://millionrounds.com/company/synchron)
- [**SetPoint Medical** Santa Clarita · founded 2007 *Raised*](https://millionrounds.com/company/setpoint-medical)
- [**Apreo Health** Menlo Park *Raised*](https://millionrounds.com/company/apreo-health)
- [**Cleerly** Denver · founded 2017 *Raised*](https://millionrounds.com/company/cleerly)
- [**CereVasc** Boston · founded 2013 *Raised*](https://millionrounds.com/company/cerevasc)
- [**Galvanize** Redwood City · founded 2015 *Raised*](https://millionrounds.com/company/galvanize)
- [**Endovascular Engineering, Inc. (E2)** Startup *Raised*](https://millionrounds.com/company/endovascular-engineering-inc-e2)

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